-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, CKI+l2viBRAEaxTG0hVsBp1Q42Qgy8k2zCqhIydxCzKhq3VZEu9P8sssU0fnjlIc S+I5Q0/nozE0Sw/TMbxPDw== 0000054727-94-000029.txt : 19941122 0000054727-94-000029.hdr.sgml : 19941122 ACCESSION NUMBER: 0000054727-94-000029 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19940930 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19941114 SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUNAMERICA INC CENTRAL INDEX KEY: 0000054727 STANDARD INDUSTRIAL CLASSIFICATION: 6311 IRS NUMBER: 860176061 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04618 FILM NUMBER: 94559640 BUSINESS ADDRESS: STREET 1: 1 SUNAMERICA CENTER CITY: LOS ANGELES STATE: CA ZIP: 90067-6022 BUSINESS PHONE: 3107726000 FORMER COMPANY: FORMER CONFORMED NAME: KAUFMAN & BROAD INC DATE OF NAME CHANGE: 19890515 FORMER COMPANY: FORMER CONFORMED NAME: KAUFMAN & BROAD BUILDING CO DATE OF NAME CHANGE: 19711006 8-K 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ________________ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) November 10, 1994 SUNAMERICA INC. (EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER) MARYLAND 1-4618 86-0176061 (STATE OR OTHER JURISDICTION (COMMISSION (IRS EMPLOYER OF INCORPORATION) FILE NUMBER) IDENTIFICATION NO.) 1 SUNAMERICA CENTER, CENTURY CITY LOS ANGELES, CALIFORNIA 90067-6022 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) Registrant's telephone number, including area code (310) 772-6000 Item 5. Other Events ------------- The Registrant has released earnings information for the period ending September 30, 1994. See the attached Condensed Consolidated Income Statement. Item 7. Financial Statements, Pro Forma Financial Information and --------------------------------------------------------- Exhibits --------- (c) Exhibits Exhibit 20 Condensed Consolidated Income Statement SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SUNAMERICA INC. Date: November 10, 1994 By: /s/ Scott L. Robinson ----------------------------- Scott L. Robinson Senior Vice President and Controller EXHIBIT 20 SUNAMERICA INC. CONDENSED CONSOLIDATED INCOME STATEMENT (In thousands, except per common share amounts) (Unaudited)
Quarters ended September 30, Years ended September 30, ------------------------- ------------------------- 1994 1993 1994 1993 ----------- ----------- ----------- ----------- Investment income $ 197,198 $ 204,560 $ 758,150 $ 754,369 Interest expense (118,435) (120,160) (463,696) (490,578) ----------- ----------- ----------- ----------- NET INVESTMENT INCOME 78,763 84,400 294,454 263,791 ----------- ----------- ----------- ----------- NET REALIZED INVESTMENT LOSSES (4,558) (7,746) (21,124) (21,287) ----------- ----------- ----------- ----------- Fee income: Variable annuity fees 20,335 18,448 79,483 67,461 Asset management fees 7,285 8,012 31,302 32,293 Net retained commissions 7,121 6,921 28,009 23,658 Trust fees 2,891 2,605 11,942 10,893 ----------- ----------- ----------- ------------ TOTAL FEE INCOME 37,632 35,986 150,736 134,305 ----------- ----------- ----------- ------------ Other income and expenses: Surrender charges 2,682 2,474 10,716 9,766 General and administrative expenses (34,588) (37,840) (132,743) (135,790) Provision for future guaranty fund assessments -- (17,930) -- (22,000) Amortization of deferred acquisition costs (18,351) (13,298) (66,925) (51,860) Other, net 2,187 5,416 4,887 7,086 ---------- ----------- ----------- ------------ TOTAL OTHER INCOME AND EXPENSE (48,070) (61,178) (184,065) (192,798) ---------- ----------- ----------- ------------ PRETAX INCOME 63,767 51,462 240,001 184,011 Income tax expense (20,100) (15,900) (74,700) (57,000) ---------- ----------- ----------- ------------ INCOME BEFORE CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING FOR INCOME TAXES 43,667 35,562 165,301 127,011 Cumulative effect of change in accounting for income taxes -- -- (33,500) -- ---------- ----------- ----------- ------------ NET INCOME $ 43,667 $ 35,562 $ 131,801 $ 127,011 ========== =========== =========== ============ PER COMMON SHARE: Income before cumulative effect of change in accounting for income taxes $ 0.95 $ 0.75 $ 3.58 $ 2.75 Cumulative effect of change in accounting for income taxes -- -- (0.81) -- ---------- ----------- ----------- ----------- Net income $ 0.95 $ 0.75 $ 2.77 $ 2.75 ========== =========== =========== =========== AVERAGE COMMON SHARES OUTSTANDING 41,653 42,144 41,610 40,255 ========== =========== =========== ===========
-----END PRIVACY-ENHANCED MESSAGE-----